{"id":1049,"date":"2021-09-05T09:00:14","date_gmt":"2021-09-05T09:00:14","guid":{"rendered":"https:\/\/swapzone.io\/blog\/?p=1049"},"modified":"2023-11-17T13:16:36","modified_gmt":"2023-11-17T13:16:36","slug":"blockchain-for-businesses-5-cryptos-for-enterprises","status":"publish","type":"post","link":"https:\/\/swapzone.io\/blog\/blockchain-for-businesses-5-cryptos-for-enterprises","title":{"rendered":"Blockchain for Businesses: 5 Cryptos for Enterprises"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Many enterprises and businesses globally are starting to realize that <a href=\"https:\/\/swapzone.io\/exchange\/btc\/trx\">blockchain<\/a> technology offers a faster, efficient, and secure way of doing business. However, every time businesses try to adopt and use blockchain technology, they face a number of significant obstacles. These obstacles in turn hinder blockchain technology from being mass adopted, which is a major problem for <a href=\"https:\/\/swapzone.io\/exchange\/btc\/trx\">blockchain<\/a> technology as a whole.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of these obstacles include a lack of reliability, technical difficulties during integration, privacy issues, scalability problems, difficulties in developing software, and interoperability constraints. In order to overcome some of these hurdles, a bunch of developers sat down and came up with different cryptocurrencies built for businesses. These cryptocurrencies have been dubbed \u201ccryptocurrencies for enterprises\u201d. So what exactly are cryptos for entrepreneurs? Let\u2019s find out below.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-483\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-300x18.png\" alt=\"Blockchain for Businesses: 5 Cryptos for Enterprises\" width=\"750\" height=\"45\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-300x18.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-1024x61.png 1024w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-768x46.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-1536x92.png 1536w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-2048x123.png 2048w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Swapzones-Referral-Program-BTC-1-e1623912871394-210x13.png 210w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/p>\n<h2><strong>What are cryptos for enterprises?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Cryptos for enterprises are basically <a href=\"https:\/\/swapzone.io\/currencies\">cryptocurrencies<\/a> that have been specifically designed to solve some of the hurdles that businesses face when trying to utilize blockchain technology. They make the process of blockchain adoption for businesses cheaper and easier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through them, businesses and enterprises can host a plethora of applications over the respective blockchains thus reducing their overall operational costs. For instance, both buyers and sellers can now cut out the middleman through the use of a P2P platform. The possibilities brought up by blockchain are literally endless. Let\u2019s take a deep dive into some of the cryptocurrencies designed for businesses.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-590\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator-300x41.png\" alt=\"What are cryptos for enterprises?\" width=\"754\" height=\"103\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator-300x41.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator-1024x141.png 1024w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator-768x106.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator-210x29.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/06\/Exchange-BTC-to-XMR-BTC-to-ETH-at-the-best-rate-with-crypto-a-exchange-aggregator.png 1200w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/p>\n<h2><strong>List of Cryptos for Enterprises<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">There are so many cryptocurrencies that are geared towards businesses in the industry. However, the 5 below stood out in their respective fields. Let\u2019s take a closer look at each coin and what it aims to do for enterprises.<\/span><\/p>\n<ul>\n<li><em><strong>Aergo (AERGO)<\/strong><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Aergo<\/span><span style=\"font-weight: 400;\"> is an open-source 4<\/span><span style=\"font-weight: 400;\">th<\/span><span style=\"font-weight: 400;\"> generation blockchain that was designed to mitigate the hurdles faced by businesses trying to leverage public blockchains. Its aim is to provide an enterprise-ready blockchain infrastructure that allows businesses to design and deploy their own blockchain applications on the AERGO network. They do this by creating a secure, fast, advanced, and friendly open ecosystem where businesses and third parties can connect and use. They keep it cost-friendly and time-effective to enable businesses to implement and adopt the technology. The platform\u2019s native token is known as <a href=\"https:\/\/swapzone.io\/currencies\/aergo\">Aergo coin<\/a> or Aergo token.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-1050\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/aergo-ft-300x57.png\" alt=\"Aergo (AERGO)\" width=\"763\" height=\"145\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/aergo-ft-300x57.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/aergo-ft-768x145.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/aergo-ft-210x40.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/aergo-ft.png 834w\" sizes=\"(max-width: 763px) 100vw, 763px\" \/><\/p>\n<ul>\n<li><em><strong>Zilliqa (ZIL)<\/strong><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/swapzone.io\/blog\/what-is-zilliqa-how-to-exchange-zil-at-the-best-rates\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Zilliqa<\/span><\/a><span style=\"font-weight: 400;\"> is described as a secure high-performance blockchain network designed for businesses with an aim of \u201ccatalyzing open commerce\u201d through its smart contracts and low-cost transactions for cryptocurrencies. The platform\u2019s native token is known as ZIL coin. Through the <\/span><span style=\"font-weight: 400;\">Zilliqa platform<\/span><span style=\"font-weight: 400;\">, enterprises and developers who wish to build dApps can do so without any hassles. Zilliqa uses a sharded architecture structure that\u2019s geared towards solving the scalability limitation of blockchain. The aim of Zilliqa was to create a highly scalable platform that still retained some of the core blockchain principles such as decentralization.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1051\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/zil-art-300x57.png\" alt=\"Zilliqa (ZIL)\" width=\"763\" height=\"145\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/zil-art-300x57.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/zil-art-768x145.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/zil-art-210x40.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/zil-art.png 834w\" sizes=\"(max-width: 763px) 100vw, 763px\" \/><\/p>\n<ul>\n<li><em><strong>Unibright (UBT)<\/strong><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/swapzone.io\/blog\/what-is-unibright-and-how-to-exchange-ubt-at-the-best-rates\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Unibright <\/span><\/a><span style=\"font-weight: 400;\">is a blockchain technology that utilizes blockchain and smart contracts to make the technology more accessible to companies. The platform\u2019s native token goes by the ticker UBT. It\u2019s referred to as <\/span><span style=\"font-weight: 400;\">Unibright<\/span><span style=\"font-weight: 400;\"> coin or UBT coin. Unibright\u2019s main agenda is to make blockchain more accessible through their \u201cno-coding\u201d approach. Companies wanting to use Unibright don\u2019t have to have blockchain skills, smart contract development skills, or even software development knowledge.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1052\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/ubt-art-e1630682090468-300x67.png\" alt=\"Unibright (UBT)\" width=\"752\" height=\"168\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/ubt-art-e1630682090468-300x67.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/ubt-art-e1630682090468-210x47.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/ubt-art-e1630682090468.png 803w\" sizes=\"(max-width: 752px) 100vw, 752px\" \/><\/p>\n<ul>\n<li><em><strong>Harmony (ONE)<\/strong><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You might be wondering, \u201cWhat is ONE coin?\u201d <\/span><a href=\"https:\/\/swapzone.io\/blog\/what-is-harmony-and-how-to-convert-one-coin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Harmony coin<\/span><\/a><span style=\"font-weight: 400;\">, commonly referred to as ONE coin cryptocurrency, is Harmony\u2019s native token.<\/span> <span style=\"font-weight: 400;\">Harmony<\/span><span style=\"font-weight: 400;\"> is a blockchain platform that enterprises can use to create dApps. Through the use of sharding technology, Harmony is looking to get rid of the structural limitations of the previous blockchain (Ethereum) and open doors for interoperability and faster transactions. Both Ethereum and Harmony use the Solidity programming language. Therefore, building a dApp on Harmony will feel exactly the same as building a dApp on Ethereum.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1053\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/one-art-300x46.png\" alt=\"Harmony (ONE)\" width=\"782\" height=\"120\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/one-art-300x46.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/one-art-768x119.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/one-art-210x32.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/one-art.png 834w\" sizes=\"(max-width: 782px) 100vw, 782px\" \/><\/p>\n<ul>\n<li><em><strong>Neblio (NEBL)<\/strong><\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/swapzone.io\/blog\/what-is-neblio-and-how-to-convert-crypto-to-nebl-at-the-best-rates\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Neblio<\/span><\/a><span style=\"font-weight: 400;\"> is an open-source blockchain network that\u2019s designed for enterprise-level services and applications. It uses a PoS algorithm that secures the network through staking NEBL coin. The Neblio coin is the platform\u2019s native token. <\/span><span style=\"font-weight: 400;\">\u00a0Neblio<\/span><span style=\"font-weight: 400;\"> tokens can be used for P2P transactions within the Neblio ecosystem. The NEBL cryptocurrency has created a mature platform where businesses can enhance and leverage their capabilities to grow in their respective businesses.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1054\" src=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/nebl-art-e1630682209486-300x59.png\" alt=\"Neblio (NEBL)\" width=\"747\" height=\"147\" srcset=\"https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/nebl-art-e1630682209486-300x59.png 300w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/nebl-art-e1630682209486-768x150.png 768w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/nebl-art-e1630682209486-210x41.png 210w, https:\/\/swapzone.io\/blog\/wp-content\/uploads\/2021\/09\/nebl-art-e1630682209486.png 802w\" sizes=\"(max-width: 747px) 100vw, 747px\" \/><\/p>\n<h2><strong>How to use these cryptos in the right way?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">To determine whether or not your business can leverage these cryptocurrencies and use them in the right way, there are a few questions that you need to ask yourself. These questions will help you make the best choice that fits your business objectives. They include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What do I want to achieve by using these cryptos?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What adjustments do I foresee in anticipation of incorporating these cryptocurrencies into my day-to-day operations?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">As a business can we possibly invest in these cryptocurrencies as a new asset class?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Will my business maintain custody of these cryptocurrencies or outsource them to a third-party entity?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With that said, let\u2019s explore some of the benefits and drawbacks of adopting these cryptocurrencies into your enterprise in the next section.<\/span><\/p>\n<div id=\"swapzonePartnersWidget\" data-from=\"BTC\" data-to=\"ZIL\" data-refid=\"swapzone\" data-size=\"full\"><\/div>\n<p><script src=\"https:\/\/swapzone.io\/script\/partners-widget.js\"><\/script><\/p>\n<h2><strong>Pros and Cons of $AERGO, $ZIL, $UBT, $ONE, and $NEBL<\/strong><\/h2>\n<table>\n<tbody>\n<tr>\n<td>\n<h3 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Pros<\/span><\/h3>\n<\/td>\n<td>\n<h3 style=\"text-align: center;\"><span style=\"font-weight: 400;\">Cons<\/span><\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Security<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>Volatility<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The majority of these coins are created on a blockchain network which means that they are immune to hacks and frauds. Some utilize the PoW consensus algorithm, others the PoS consensus algorithm, and others a hybrid system. Therefore, security is guaranteed.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Even though these cryptocurrencies are starting to see some growth thanks to gaining more awareness, the coins are still volatile. Additionally, there\u2019s the possibility that these coins can experience a downward price trend in the long term.<\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Immutability<\/b><\/p>\n<\/td>\n<td>\n<p style=\"text-align: center;\"><b>High Competition<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Since most of these cryptocurrencies are built on the blockchain, it means that they provide a decentralized and secure ledger that can be used to store any kind of record.<\/span> <span style=\"font-weight: 400;\">Thanks to the decentralized nature of blockchain, any records on the blockchain remain immutable.<\/span> <span style=\"font-weight: 400;\">Additionally, since the blockchain is immutable, unaltered and accurate information can be accessed for verification or audit purposes.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">There is major competition within the cryptocurrency industry from other coins to provide similar solutions. Not to mention, outside competition from traditional enterprise service providers who are offering the same products.\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Scalability<\/b><\/p>\n<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">A few of these cryptocurrencies such as Harmony and Zilliqa take advantage of sharding technology that helps solve the scalability problem of most public blockchains. Therefore, a lot more transactions can be processed every second.<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\"><b>Talented Teams<\/b><\/p>\n<\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">These cryptocurrencies have strong teams and large communities of followers. This means that the teams behind these cryptocurrencies are working hard to provide something that\u2019s in high demand. The large community following shows that individuals and enterprises are ready to utilize blockchain and integrate it into their businesses.\u00a0<\/span><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><strong>How to exchange cryptos for enterprises?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">If you are looking for the best <a href=\"https:\/\/swapzone.io\/currencies\/harmony\">Harmony ONE\u00a0 exchange<\/a>, <a href=\"https:\/\/swapzone.io\/currencies\/neblio\">Neblio coin exchange<\/a>, <a href=\"https:\/\/swapzone.io\/currencies\/unibright\">Unibright exchange<\/a>, <a href=\"https:\/\/swapzone.io\/currencies\/aergo\">Aergo exchange<\/a> or <a href=\"https:\/\/swapzone.io\/currencies\/zilliqa\">ZIL exchange<\/a> Swapzone is the best option for you. Here\u2019s how you can easily exchange any of the cryptos above on Swapzone:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">Head to<\/span><a href=\"https:\/\/swapzone.io\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">Swapzone<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Find the <\/span><b>\u201cselect pair\u201d<\/b><span style=\"font-weight: 400;\"> tab and choose the cryptocurrency and the amount of it that you wish to exchange.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">In the<\/span><b> \u201cGet up to\u201d<\/b><span style=\"font-weight: 400;\"> section, select the cryptocurrency that you want, whether Neblio, Harmony, AERGO, Unibright, or Zilliqa.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Once you\u2019ve entered all your details in the respective tabs, you will see the different offers being displayed on Swapzone.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Go through the different exchange rate offers and pick the one that you want.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Click on <\/span><b>\u201cproceed to exchange\u201d<\/b><span style=\"font-weight: 400;\"> to complete the transaction.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Wait for the transaction to be processed and for the deposit to be sent into your wallet.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Once the transaction is complete, rate and review the exchange partner. Your token exchange is complete. <\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Many enterprises and businesses globally are starting to realize that blockchain technology offers a faster, efficient, and secure way of doing business. However, every time businesses try to adopt and&hellip;<\/p>\n","protected":false},"author":8,"featured_media":4822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[17,46,41,30],"class_list":["post-1049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-explore","tag-exchange","tag-harmony","tag-neblio","tag-zilliqa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 cryptocurrencies for business: AERGO, ONE, ZIL, NEBL, UBT<\/title>\n<meta name=\"description\" content=\"Blockchain and business are integrating at a high pace. Many crypto projects develop solutions to help enterprises. 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